Tax Preparation & Planning Services
Focus On Costs Of Identity Theft-Related Tax Refund Fraud
National Taxpayer Advocate Nina E. Olson recently released her statutorily mandated mid-year report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the upcoming…
Steep Penalties for Excess Benefit Transactions
In recent years, the IRS has increased its audits of not-for-profit organizations. One of the hot-button topics is asset protection, which includes monitoring private inurement and private benefit transactions by…
Mercadien Group Managing Directors earn prestigious PFS credential
The Mercadien Group is pleased to announce that two of the firm’s managing directors, Marguerite L. Mount and Michelle V. Everman, have been awarded the Personal Financial Specialist (PFSSM) credential…
Tips for a Stress-Free New Year
Are you ready for tax time? There are a couple of steps you can take now, as information begins to arrive in the mail, to alleviate some of the stress…
The Tax Increase Prevention Act of 2014
As December waned, Congress passed and President Obama signed the Tax Prevention Act of 2014 (TIPA). This act was intended to extend more than 50 tax provisions that expired on…
Relief For Small Business Retirement Plan Filing Penalties
The Internal Revenue Service began a one-year pilot program last June to help small businesses with retirement plans that owe penalties for not filing reporting documents. By filing current and…
Are You Subject to FATCA?
It’s a fact – FATCA is here. What is FATCA? How does it impact you or your company? If FATCA does apply, are you or your company compliant with its…
File & Suspend: A Social Security Strategy
The file and suspend Social Security strategy received media attention after the 2015 fiscal budget was released by the White House earlier this year. The Obama administration, in their budget narrative…
Taxpayer Bill Of Rights Recently Adopted By IRS
At the urging of the taxpayer advocate for the past seven years, the IRS recently adopted the Taxpayer Bill of Rights. While the rights are not new, this is the…
Don’t Let Your Tax Refund Burn a Hole in Your Pocket
April 15th has passed and many of us are awaiting, or recently received, a tax refund. The average U.S. taxpayer refund over the last two years has approximated $3,100. If…